REPORT: Yahoo! to layoff 14 percent of its workforce

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REPORT: Yahoo! to layoff 14 percent of its workforce

(CNN) – Yahoo! is reportedly getting ready to announce a massive round of layoffs Wednesday. The Wall Street Journal reports the internet company will cut around two-thousand people, which is 14 percent of its workforce. Yahoo! has had years of flat revenue growth. The layoffs are expected to span several departments.